Tanya Chaudhary shattered the women's hammer throw national record with a distance of 68.35m at the Indian Athletics Series Final. Concurrently, Avinash Sable marked a triumphant return to the 3000m steeplechase, winning his first race in over a year. Both athletes are part of India's Asian Games contingent, with Sable also eyeing a 5000m entry. The event saw a lucrative prize fund, highlighting significant performances across various disciplines.
Tanya Chaudhary shattered the women's hammer throw national record with a 68.35m throw at the Indian Athletics Series Final, while Avinash Sable secured an emphatic win in the men's 3000m steeplechase in his first race in over a year. Both athletes, who are part of the Asian Games team, received Rs 1 lakh prize money from the lucrative event. Chaudhary expressed her long-standing pursuit of the record and her focus on technique, while Sable aims to compete in both 3000m steeplechase and 5000m at the Asian Games after recovering from an ACL surgery.
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'Stocks of weaker companies may see the correction continue, but the ones that are relatively bigger and stronger will see investor interest come back.'
'Markets are factoring in a good show by India Inc in Q2.'
The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'
Investors with high risk appetite must stay invested while risk-averse investors can consider profit booking.
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'Private banks are well-placed to deliver good performance over the next six months.'
HDFC Bank Q1FY24 results analysis: Shares of HDFC Bank, the world's seventh largest financial entity, have advanced 2 per cent in two days, as against 1 per cent rise in the benchmark S&P BSE Sensex, after the lender reported its April-June quarter (Q1) results for financial year 2023-24 (FY24) on July 17. The S&P BSE Bankex index, meanwhile, has gained 1.3 per cent. While the near-term stock performance may remain sideways due to merger-related hiccups, analysts remain bullish on the stock's long-term prospects.
'Our advice is to put money into equities now rather than staying away.'
'Earning expectations remain strong.'
'At this moment, investors should look for relative value within sectors and clear visibility (third-wave-or-not) on earnings delivery.'
